Porch (PRCH) Acquisitions (2020 - 2023)
Porch (PRCH) reported Acquisitions of $2.0 million for Q1 2023, down 60.12% year-over-year from $5.0 million in Q1 2022, and up 21.48% on a QoQ basis from $1.6 million in Q4 2022.
Porch (PRCH) has 4 years of Acquisitions data on file, last reported at $2.0 million in Q1 2023.
- Quarterly Acquisitions fell 60.12% year-over-year to $2.0 million in Q1 2023, while the trailing twelve-month figure through Dec 2023 was $2.0 million (down 94.89% YoY) and the FY2023 annual result came in at $2.0 million, down 94.89% from the prior year.
- Acquisitions improved to $2.0 million in Q1 2023 per PRCH's latest filing, from $1.6 million in the prior quarter.
- Across five years, Acquisitions topped out at $105.0 million in Q2 2021 and bottomed at $1.6 million in Q4 2022.
- The 4-year median for Acquisitions is $14.5 million (2020), against an average of $30.3 million.
- The widest annual swing landed in 2021, when Acquisitions surged 1159.5%; it then slumped 97.91% in 2022.
- Tracing PRCH's Acquisitions over 4 years: stood at $6.2 million in 2020, then surged by 1159.5% to $77.7 million in 2021, then tumbled by 97.91% to $1.6 million in 2022, then rose by 21.48% to $2.0 million in 2023.
- Per Business Quant, the three latest PRCH Acquisitions figures stand at $2.0 million (Q1 2023), $1.6 million (Q4 2022), and $5.0 million (Q3 2022).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Acquisitions (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 8.24 Bn |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 6.00 Mn |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | - |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 1.33 Bn |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 2.07 Bn |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | - |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | - |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | - |
| 10 | Porch | 1.01 Bn | 882.19 Mn | 90.85 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 1.97 Mn |
| Dec 31, 2022 | 1.63 Mn |
| Sep 30, 2022 | 4.95 Mn |
| Jun 30, 2022 | 27.10 Mn |
| Mar 31, 2022 | 4.95 Mn |
| Dec 31, 2021 | 77.75 Mn |
| Sep 30, 2021 | 50.80 Mn |
| Jun 30, 2021 | 105.00 Mn |
| Mar 31, 2021 | 22.88 Mn |
| Dec 31, 2020 | 6.17 Mn |